Holdings Characteristics

Ten Largest Stocks

Micron Technology Inc 3.48%
UnitedHealth Group Inc 3.33%
Constellation Brands Inc 3.13%
Fiserv Inc 3.09%
eBay Inc 3.06%
Cisco Systems Inc 2.96%
Thermo Fisher Scientific Inc 2.95%
Raytheon Co 2.95%
Apple Inc 2.93%
Carnival Corp 2.91%
Total 30.79%

Portfolio Characteristics

Patriot Fund S&P 500
# of Holdings 43 507
Average Market Cap $135.3b $178.5b
Price/ Earnings Ratio 19.44x 21.75x
Price/ Book Ratio 2.9x 3.2x
Beta 0.96 1.00

Sector Diversification

Patriot Fund S&P 500
Information Technology 22.59% 22.98%
Health Care 15.30% 14.53%
Financials 13.99% 14.56%
Industrials 12.15% 10.21%
Consumer Discretionary 11.41% 11.83%
Consumer Staples 9.33% 8.16%
Energy 3.80% 6.00%
Cash 3.23% 0.55%
Utilities 2.17% 3.10%
Telecom Services 2.07% 2.17%
Real Estate 2.04% 2.94%
Materials 1.92% 2.98%

As-of 9/30/17

The security holdings are presented to illustrate examples of the securities that the fund has bought and the diversity of areas in which the funds may invest, and may not be representative of the fund’s current or future investments. Portfolio holdings are subject to change and should not be considered to be investment advice.

2254-NLD-10/24/2017